Benchmark Mineral Intelligence has launched a Lithium-ion Battery Uncooked Materials Value Index. The brand new index permits customers to precisely monitor real-world actions in lithium-ion battery uncooked materials costs relative to key cathode varieties inside the provide chain and to trace the shifting price construction of a key element of cathode and cell provide contracts.
Benchmark assembles the index utilizing its market-leading worth assessments together with the IOSCO-accredited lithium, nickel, and cobalt costs. Benchmark additionally collects information for manganese sulfate and iron phosphate in-house to finish the index.
The index is revealed each month for the next lithium ion battery chemistries:
-
NCM Excessive-Nickel (8 and 9 sequence blends, e.g. NCM 811, NCM 9)
-
NCM Mid-Nickel (5, 6, and seven sequence blends, e.g., NCM 523, NCM 622)
-
LFP (lithium iron phosphate)
The index is designed for use instantly by trade members who want to observe the relative modifications of key uncooked materials enter prices of lithium-ion batteries. The index can be utilized to precisely tie contracts for cells to the uncooked materials enter in an open and clear style.
The index is free to make use of and is revealed month-to-month through Benchmark’s Lithium-ion Battery Uncooked Materials Value Index web page. The underlying information is out there to combine instantly into the customers’ personal analyses through a knowledge feed.
For every battery chemistry, the index represents a weighted common change in the price of the uncooked supplies used to make the cathode listed towards a base of 100 in January 2020.
The index solely considers the basket of uncooked materials inputs for the cathode and doesn’t account for anode supplies or prices related to refining and processing, or extra supplies.
The enter costs are chosen primarily based on the technical and geographical options of every battery chemistry (as an illustration LFP manufacturing is sort of wholly concentrated in China).
The index covers the next battery chemistries:
NCM MID-NICKEL
- Lithium hydroxide (CIF Asia)
- Cobalt hydroxide (CIF Asia)
- Nickel sulfate (CIF Asia)
- Manganese sulfate
NCM HIGH-NICKEL
- Lithium hydroxide (CIF Asia)
- Cobalt hydroxide (CIF Asia)
- Nickel sulfate (CIF Asia)
- Manganese sulfate
LFP
- Battery grade lithium carbonate (EXW China)
- Battery grade anhydrous iron phosphate
Lithium, cobalt, and nickel worth information used within the index will be accessed by Benchmark’s worth evaluation subscriptions.
